WikiFX

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From my experience analyzing brokers, I approach SK with heightened caution due to several significant red flags. Most notably, there is a complete lack of regulatory oversight—despite being a long-established company in South Korea, SK is not licensed or supervised by the country’s primary financial authorities, the FSC or FSS. This alone prompts me to be extra careful with any claims or assumptions about their fee structure, including hidden charges for deposits or withdrawals. Frankly, I could not find any transparent or official information regarding SK’s policies on deposit or withdrawal fees. The broker does not provide sufficient detail on key trading conditions; this includes minimum deposit requirements, leverage, spread, or, crucially, any explicit statement about potential transaction fees. In my professional judgment, a lack of basic disclosures is itself a serious concern, because reputable brokers usually make these details plainly available to build user trust. Given SK’s high risk assessment, suspicious licensing status, and overall opacity, I personally would treat all financial dealings—especially deposits and withdrawals—with skepticism. When a broker is not properly regulated and fails to provide clear fee information, the risk of encountering hidden fees or unfavorable terms increases considerably, based on my past experience across global markets. For me, this lack of clarity is a decisive factor to avoid engaging with SK until their disclosures and regulatory status improve.